The flashing lights are a "Maintenance request error" or a "Fatal error". Most of the time it is a "Maintenance request error" which means the waste ink pads need to be serviced. You can reset the waste ink counter but the ink pads will need to be serviced at some point.A way to temporarily silence the flashing until the printer can be serviced may be :"Turn the printer on while holding down both the ink and paper buttons. When the paper light flashes release both buttons, then press and hold down the ink button for 10 seconds. This allegedly resets the printer to "new" condition."

turn off the machine for at least 5 minutes and disconnect the interface cable to the computer2. push and hold down the "ink" button and the "paper" button and turn the printer on. 3. When the "paper" light flashes quickly release both the buttons and then immediately press and hold down the "ink" button only for at least 10 seconds.

You will need to try this several times to get the sequence correctly.

hope this helpsIf that doesnt work you can try this:
turn off the machine for at least 5 minutes and disconnect the interface cable to the computer2. push and hold down the "ink" button and the "paper" button and turn the printer on. 3. When the "paper" light flashes quickly release both the buttons and then immediately press and hold down the "ink" button only for at least 10 seconds.

You will need to try this several times to get the sequence correctly.

Paper out light is flashing or onIf the paper out light is flashing,
remove any paper that may be jammed in the printer. If the paper out light is on, load
more paper in the sheet feeder. One of the
ink out lights is flashing or onIf the black or color ink out
light is flashing, ink is low. Prepare a replacement cartridge. If the black or color
light is on, ink is out. Replace the appropriate cartridge. See Replacing an Empty Ink Cartridge.

Ink out
lights are on and the other lights are flashingFollow the steps below.

Press the load/eject button,
then remove any paper in the printer.

Turn the printer off. Check for
and remove any foreign objects or pieces of paper from inside the printer.
Also, make sure that there is sufficient space around the vent on the back of
the printer to allow proper ventilation. Remove any objects that are blocking
the vent. Then, turn the printer back on.

1. First of all, try to download the latest version of the printer driver and have that installed.

2.
Next, open the printer cover and manually inspect the inside to see if
there is any paper piece or foreign material that may be obstructing
the printer. Also inspect the carriage return to see if there is any
obstruction there. The carriage should park on the right side by
default.

3. Try to reseat the ink cartridges again. Do it one at a time and take notice of if they feel and look as though
they are sat right; when you first sit them in the
carriage before you close the lid they don't look like they are in
properly, they give the illusion that the back of it should be lower
down than it actually is. Make sure you haven't assumed this and tried to make them sit lower. Also clean the printer head.

4.
To rule out the computer and the cords, unplug it from the computer and
power it on. If it powers up normally, then you have narrowed it down
to a cable or problem in the computer. In this case consider repalcing
the cables. Also try unplugging the printer (vs. using the panel
switch) for 5 min or so and then re powering. After about 5mins,
reconnect the printer to your computer, making sure are connections are
secure.

5. Download the SSC Service Utility. It is a must-have free utility for Epson Stylus printer users. Try the SSC reset feature .http://www.ssclg.com/epsone.shtml,or http://inkjetprinterhelp.us/epsonSSC.htmlYou can use the SSC service utility to reset the protection counter.
You can also use the control paler to reset the counter. Timing is the
key to success when you reset the counter using the control panel so
keep that in mind.

To reset the protection counter using the control panel (front panel) :
Step 1.Turn the power on while hold the following buttons.
Paper feed, cleaning button. (the paper out light will flash for 3
seconds) Step 2.While the paper out light is still flashing press
the cleaning button for 10 seconds. The following LED's will flash in
sequence - Ink out lights black and color, Paper out light. Once the
printer starts to initialize the counter should be reset.

This will reset the protection counter. Again timing is the key to get
the the above sequence to work. The timing is tricky but once you have
it down it works like a charm. If it doesnt work the first time, please
try 2 or 3 times until you get the timing correct. Also it is a good
idea to replace or
clean the absorber pads For info on the basic process try this link http://inkjetprinterhelp.us/wip.html

6. You must use the SSC Utility to re-zero the protection counter. If the
SSC throws up a message "Printer off or some other problem" it's
usually due to some unfinished job held in memory. Just turn the
printer off and wait a minute then restart it. The SSC Utility should
then function. You can probably reset this counter one or two times
before you will have to open up the printer. You have to extract the
waste ink pad in the base and either fit a new one or simply wash and
dry the old one. It's probably good for a couple of washes but is
fragile and will start to disintegrate in time. Next,uninstall the Epson Status
Monitor (aka Epson Ink Waster) and use SSC for all your ink servicing.
You will probably have to uninstall the complete Epson software bundle
to get rid of the Status Monitor but it's well worth doing. Just
reinstall the driver and any application stuff you need.

Hope that helps...Should you have any further questions, please feel free to
post them here.
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Thank you for using FIXYA!

Cheers!

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The Epson Stylus Color 880 has 4 LEDs. If all 4 are flashing or
blinking then the printer has a maintenance request error. It means that
the waste ink counter has reach its limit. The remedy is to replace the
waste ink pads and reset the waste ink counter. You can use the SSC service utility to reset the protection counter. You can download the utility from here http://inkjetprinterhelp.us/epsonSSC.html

You can also use the control paler to reset the counter. Timing is the
key to success when you reset the counter using the control panel so
keep that in mind. To reset the protection counter using the control panel (front panel):

Step 1.Turn the power on while holdint the following buttons doen.
Paper feed, cleaning button. (thr paper out light will flash for 3
seconds) Step 2.While the paper out light is still flashing press
the cleaning button for 10 seconds. The following leds will flash in
sequence Ink out lights black and color, Paper out light. Once the
printer starts to initilize the counter should be reset. This
will reset the protection counter.

from Kradinsky "Turn the printer on while holding down both the ink and paper
buttons. When the paper light flashes release both buttons", then hold
down the ink button for approx. half a minute until the printer lights
flash again then release it. That resets the printer.”

Your kidding, Right? You want me to give you free information on solving a problem, after offering to possibly help me with a solution if I was willing to pay at least $9.99 for your help. Give me a credit for $9.99 and I'll give you the solution!!!

"Turn the printer on while holding down both the ink and paper buttons. When the paper light flashes release both buttons", then hold down the ink button for approx. half a minute until the printer lights flash again then release it. That resets the printer.”

"Turn the printer on while holding down both the ink and paper buttons. When the paper light flashes release both buttons", then hold down the ink button for approx. half a minute until the printer lights flash again then release it. That resets the printer.”